Global Semiconductor Sales Increase 22.6% Year-to-Year in May – I-Connect007
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The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $31.9 billion for the month of May 2017, an increase of 22.6% compared to the May 2016 total of $26.0 billion and 1.9% more than the April 2017 total of $31.4 billion. Year-to-year growth in May was the global market’s largest since September 2010. All major regional markets notched year-to-year increases of more than 15% in May, and the Americas led the way with growth of 30.5%. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
“The global semiconductor market has settled into a period of significant and steady growth in 2017, with sales through May well ahead of the total from the same point last year,” said John Neuffer, president and CEO, Semiconductor Industry Association. “Significantly, recent market growth has been consistent across all major regional markets and semiconductor product categories, with sales of memory products continuing to lead the way.”
Year-to-year sales increased across all regions: the Americas (30.5%), China (26.3%), Europe (18.3%), Asia Pacific/All Other (17.7%), and Japan (15.8%). Month-to-month sales increased in Europe (3.9%), the Americas (2.8%), Japan (2.3%), Asia Pacific/All Other (1.7%), and China (0.7%).
About SIA
The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2016, U.S. semiconductor company sales totaled $164 billion, and semiconductors make the global trillion dollar electronics industry possible. SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition.
About WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.